A board of directors software solution isn’t something that can be considered a feature. Boards need a mobile solution that allows directors to access board materials from any location. The technology should be easy for directors to use and offer a seamless user experience across all devices, whether traveling or at home. It should be secure.
A well-chosen portal for board members can save your company time and money. As you evaluate the different options, look closely at upfront costs and ongoing expenses. Make sure you consider the entire set of features that each one offers as well as the effects of various security measures. Certain vendors of board software offer basic, enterprise, and professional versions. It’s important to compare the capabilities when looking at prices.
In addition to saving time on administration, a good board portal will provide advanced tools to enhance the experience of board meetings for both members and administrators. Many providers provide an “anytime anytime, anyplace” approach, which allows directors to login using their mobile device or web browser. Certain solutions let directors make notes during meetings and to share their thoughts in real-time. And some allow for easy electronic voting and the affixing of signatures to documents after meetings.
Another thing to think about is the way the tool encourages good governance, such as adding health and safety issues on the agenda or soliciting the approval of minutes at the next board meeting. Lastly, a good board portal is simple to upgrade and expand in time.
